Trump signs executive order to transfer TikTok to US owners

1 month ago 2

Agreement separates app from Chinese owner ByteDance and allows US investors to take 80% stake

Donald Trump signed an executive order Thursday outlining the terms of a deal to transfer TikTok to a US owner.

Trump said he and China’s president Xi Jinping had come to an agreement to allow TikTok to continue operating in the US, separating the social media platform from its Chinese owner ByteDance. Trump said the deal complies with a law that would have forced the shutdown of the app...

Source: https://www.theguardian.com/technology/2025/sep/25/trump-china-tiktok-deal

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